I like the the trend line, S&P losing steam, consistent bounce of F.I. at this level.
Dislike the divergences going against it, although enough for me to do a small long trade.
Entered 60.63
Dislike the divergences going against it, although enough for me to do a small long trade.
Entered 60.63
Comment:
Stop will be if we see a breakthrough below the key support level. Very close. When markets go bearish generally Monday tuesday they make their weekly highs and vice versa for lows on bullish runs... while making their higghs/lows on thursday/friday. This has proven to be correct the past few weeks during this bullish run. Might see a correction coming later this week.
